Trezy, a Paris, France-based provider of a financial and cash flow management platform, raised €3M in Seed funding.
The round was led by Seedcamp and Playfair with participation from Kima Ventures and Discovery Ventures.
The company intends to use the funds for the growth of its customer base, expand its product offering to include features such as generative-AI enabled automation, and grow its teams in the Netherlands, France and the UK.
Founded in 2020 by Quentin Lacointa and Pierre Houdyer, Trezy is a fintech company that provides SMEs with real-time financial performance insights, predominantly through smart AI-based classification of bank transactions, receipts, and invoices. The platform is based on 14 million accounting entries and two million bank transactions. Its predictive tool – “Smart Forecasts” allows business owners to automatically project cash flow into the future. Onboarding is automated, enabling new users to see their historic and future cash flows within 30 seconds.
The company is currently working on leveraging generative AI technology to further automate the administrative tasks of data analysis and the presentation of insights, to let business owners go from business questions to meaningful action more quickly.
Trezy, which is currently present in France, the Netherlands and the UK, has previously received funding from investors including Notion VC, Pareto20, the Co-Founder of Gumtree Michael Pennington, and Ventures Together.
FinSMEs
15/06/2023